Smart pills is a revolutionary technological innovation that reduced the gap between healthcare and digital technology. Smart Pills are used to monitor temperature, drug adherence and other parameters associated with the patients body.
The Smart Pills Market was worth XX billion in 2018 and is forecasted to reach XX billion by 2026, at a CAGR of XX% during the forecast period.
Increase in geriatric population, technological advancements in the field of endoscopy and an increase in the prevalence of colon cancer and inflammatory bowel disease are driving the smart pills market during the forecast period. Major factors hindering the smart pills market are a high cost associated with the technology and lack of awareness among the population regarding the product.
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